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GOP Assembly reps unveil tax cut package

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WAUSAU, Wis. (WAOW) -- GOP assembly reps unveiled a tax cut package Friday afternoon in Wausau.

Pat Snyder from Schofield, John Spiros of Marshfield and Scott Krug from Nekoosa made the announcement at Major Industries.

The proposal is nearly $400 million; roughly $45 million of that would go to decrease personal property taxes.

The tax cuts would start in the 2020 tax year if the package is approved, and the average income tax filer would see a $105 tax reduction.

"We're talking about manufacturers and we're talking about individuals. We're not just targeting this to one class of individual…we're not just targeting this to an individual employer; we're divvying this up as much as we can so everyone across the sector of our economy," Krug said.

Krug adds there will be a public hearing Monday on the package, and it will then be presented on the assembly floor on Thursday.

All three reps believe the package will receive bipartisan support.

Ben Zitouni

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